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by piva00
1099 days ago
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Could you expand on what's capitalistic about being a dick to 3rd party apps? As a platform you can monetise that, turning it into wealth, the value is already there. These users prefer the experience of the platform provided by someone else than Reddit. In my mind, if principles of capitalism were in play here, and Reddit is well managed, they would find an efficient way to make money out of value that's already being delivered. Forcing apps to shutdown won't be doing that. The current move is just a dick move with the potential to make Reddit less valuable than before, I do not understand what principle of capitalism states that this specific brutality is efficient at creating wealth. |
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You're making it personal, when it's business, not personal.
> users prefer the experience of the platform provided by someone else
Maybe reddit will buy the app that people like so they can monetize it
> Forcing apps to shutdown won't be doing that
Reddit is not forcing apps to shutdown. They are asking them to pay market value for the data
> I do not understand what principle of capitalism states that this specific brutality is efficient at creating wealth.
Reddit data is a commodity whose price is set by buyers and sellers. If your business depends on the price of a commodity being under a certain price and that price goes up and your business fails, that sounds like capitalism to me. Reddit has discovered that the value of their data has gone up with the arrival of AI and are asking people to pay accordingly. If you go out of business then you are among the first casualties of AI, , with many to follow. It's time to rethink your business model.